£125,961
This estimated value is based upon the latest sale price for the house of £74,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £74,000 | 27 Jul 2012 |
| £89,000 | 7 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 636 sq feet |
This model uses changes in the Official Land Registry House Price Index for REDCAR AND CLEVELAND to estimate the market value.
When this house was purchased in July 2012 the House Price Index for REDCAR AND CLEVELAND was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £74,000 results in an estimated price of approximately £125,961.
| 27 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £74,000 | £51,961 | £125,961 |
The Postcode Pricing Model uses changes in average sales price within the TS10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 64.526 % | £47,749 | £121,749 |
| 3 Month Average | 31.540 % | £23,339 | £97,339 |
| 6 Month Average | 19.120 % | £14,148 | £88,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £172,555 | £170,000 | 1 THIRLMERE ROAD |
| 11 Sep 2023 | £129,658 | £128,000 | 49 RYDAL AVENUE |
| 11 Apr 2023 | £88,452 | £87,500 | 8 CROSSFELL |
| 6 Apr 2023 | £131,415 | £130,000 | 4 BUTTERMERE ROAD |
| 27 Jul 2022 | £125,337 | £125,000 | 39 BUTTERMERE ROAD |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 31 Mar 2012. Using an estimated price of £125,961 means this house is valued at £2,129 per sq meter (£197 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Fell |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Fell |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Troutbeck Road |
| Feb 2024 | Anti-social behaviour | On or near Troutbeck Road | |
| Feb 2024 | Anti-social behaviour | On or near Troutbeck Road |